Ecuador vs South Korea: Personal remittances, received

Ecuador
7.73 billion current US$
in 2025
South Korea
7.07 billion current US$
in 2025
Ecuador rank
28th
South Korea rank
30th

Personal remittances, received over time

  • Ecuador
  • South Korea
02.0B4.0B6.0B8.0B197620002025

How they compare

Ecuador currently reports 7.73 billion current US$ against 7.07 billion current US$ in South Korea, a difference of 663.16 million current US$.

That makes Ecuador's figure about 1.1 times South Korea's.

The two have swapped places 1 time across 41 shared years of data; in 1976 it was South Korea ahead.

Ecuador ranks 28th and South Korea ranks 30th of 197 countries.

South Korea has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Ecuador South Korea Difference Ahead
1970s 3.30 million current US$ 47.00 million current US$ 43.70 million current US$ South Korea
1980s 2.25 million current US$ 2.12 billion current US$ 2.12 billion current US$ South Korea
1990s 407.22 million current US$ 3.38 billion current US$ 2.97 billion current US$ South Korea
2000s 2.22 billion current US$ 5.42 billion current US$ 3.19 billion current US$ South Korea
2010s 2.68 billion current US$ 6.59 billion current US$ 3.91 billion current US$ South Korea
2020s 5.36 billion current US$ 7.44 billion current US$ 2.07 billion current US$ South Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher personal remittances, received, Ecuador or South Korea?
Ecuador, at 7.73 billion current US$ against 7.07 billion current US$ in South Korea as of 2025.
What is the difference in personal remittances, received between Ecuador and South Korea?
663.16 million current US$, with Ecuador ahead.
How many years of comparable data are there for Ecuador and South Korea?
41 years are reported by both, from 1976 to 2025.
How do Ecuador and South Korea rank globally for personal remittances, received?
Ecuador ranks 28th and South Korea ranks 30th of 197 countries.
Where does this data come from?
IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, received (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ecuador vs South Korea: Personal remittances, received. Statizoid, drawing on IMF balance of payments data, International Monetary Fund (IMF). Retrieved 22 September 2026, from https://economy.statizoid.com/compare/personal-remittances-received-current-us/ecuador/korea-rep/

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About this data

Indicator
Personal remittances, received (current US$)
Unit
current US$
Source
IMF balance of payments data, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 9,733 data points, 1970–2025
Last refreshed

Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.